homeownership

Mortgage Rates Today, Feb. 13 & Rate Forecast For Next Week – The Mortgage Reports

Mortgage Rates Today, Feb. 13 & Rate Forecast For Next Week  The Mortgage Reports

Get a no-closing-cost mortgage and a low rate, too

A no-closing-cost refinance or home purchase saves you money upfront But your rate will be higher. Learn when a no-cost mortgage is a good idea.

Prevention Measures and Increased Borrower Equity Lower Foreclosure Risk

Posted To: MND NewsWire

The Urban Institute (UI) says the surge in foreclosures predicted as the COVID-19 pandemic drove unemployment to the highest level since the Great Depression may not materialize, even when the current forbearances end. Two UI researchers, Michael Neal and Laurie Goodman, say that even vulnerable homeowners may be spared, and they think they have identified the reasons. Mortgage forbearance rates peaked at 8.55 percent of active mortgage in June 2020 and began to fall when unemployment rates did. Since October, however, both unemployment and forbearance rates have flattened. This has heightened concern that many homeowners could face foreclosure later this year. The authors say about a quarter of the 2.7 million borrowers who remain in forbearance plans are continuing to make their payments…(read more)

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When Should You Start Looking for a House?

The short answer: Immediately. That is, if you want to buy a home at some point in the next year, or any time thereafter. We’ll get into the specifics in a moment, but there’s really no sense in waiting if you want to own a home or condo because it’s always going to be a [&hellip

The post When Should You Start Looking for a House? first appeared on The Truth About Mortgage.

How Much Does a Home Appraisal Cost? – Redfin

How much does a home appraisal cost? Find out the types of home appraisals, how much you’ll pay and factors that influence the cost.

Homebuilders preparing for big 2021, data suggests

Single-family permits, a leading indicator of future starts, are up nearly 30% from one year ago. But there’s still not enough supply for homebuilders.

The post Homebuilders preparing for big 2021, data suggests appeared first on HousingWire.

How Much Does a Home Appraisal Cost?

How much does a home appraisal cost? Find out the types of home appraisals and how much they cost. Learn what factors can increase the price of a home appraisal before closing on a home.

The post How Much Does a Home Appraisal Cost? appeared first on Redfin | Real Estate Tips for Home Buying, Selling & More.

What is mortgage loan modification, and is it a good idea?

Loan modification helps borrowers who can’t pay their mortgage due to financial hardship. Learn more about a loan modification vs. refinance.

30-Year Mortgage Rates | See Today’s 30-Year Fixed Rates – The Mortgage Reports

30-Year Mortgage Rates | See Today’s 30-Year Fixed Rates  The Mortgage Reports